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What are the diferrence between Master passwords and read-only passwords?

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Published in 2024.05.14

Updated in 2025.04.21

In MetaTrader 4 (MT4) / MetaTrader 5 (MT5), there are two types of login passwords:

Master Password: This is required for conducting transactions. Ensure strict management to prevent unauthorized access.

Read-only Password: Solely for viewing account information, without trading privileges. Useful when sharing information with third parties.

You can change MT4/MT5 login passwords via the 'Trading Account List' on the FXON portal. For instructions, please refer to the link below.

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